POSITIVE OUTLOOK: Insolvencies dealt with quickly and early can work out better for staff and management.
DESPITE the havoc being caused in global stock markets by the continuing low price of oil, the latest figures from Scotlands insolvency service suggest an ongoing trend towards a long-term decline in personal insolvencies.
In January the Accountant in Bankruptcy (AiB), the body responsible for administering personal bankruptcies in Scotland, reported a fall of some 11 per cent year-on-year in personal insolvencies.
However, Wylie & Bisset partner Donald McKinnon says that he and his insolvency and restructuring colleagues have been very busy throughout the first quarter of 2016 because of the increase in pe…
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